Newsfeed – Business News
FTC to ramp up antitrust agenda
President Lee Jae-myung’s recent call to strengthen the Fair Trade Commission (FTC) is expected to accelerate regulatory scrutiny of unfair practices by major platform operators and conglomerates, particularly those impacting […]
Holiday season sustains consumer spending post-festivals
Ramadan and Idul Fitri have passed, and consumer spending during this year’s Muslim holiday season was quite good, although not as high as in 2024. Read full story Date: 13 […]
Daimler opens new bus, truck factory in Cikarang
PT Daimler Commercial Vehicles Manufacturing Indonesia (DCVMI), a subsidiary of Germany’s Daimler Truck, officially opened a new factory in Cikarang, West Java to manufacture buses and trucks for both domestic […]
BUILT TO LAST, BUILT TO GIVE
Establishing Sunsuria Bhd in the late 80s was no easy feat for Tan Sri Datuk Ter Leong Yap. He took a calculated risk, mortgaging his house to kickstart his first […]
US weekly jobless claims steady at higher levels
WASHINGTON: The number of Americans filing new applications for unemployment benefits was unchanged at higher levels last week as labour market conditions continued to steadily ease. Read full story Date: […]
Thong Guan terminates F&B unit sale to major shareholder
PETALING JAYA: Thong Guan Industries Bhd will not go ahead with its plan to sell its food and beverage (F&B) business to its largest shareholder, Foremost Equals Sdn Bhd (FESB). […]
Boeing shares fall nearly 8% after Air India plane crashes
Shares of planemaker Boeing fell nearly 8% in premarket U.S. trading on Thursday after an Air India aircraft with 242 people crashed minutes after taking off from India’s western city […]
BAuto anticipates challenging year ahead
PETALING JAYA: Bermaz Auto Bhd (BAuto) anticipates its performance for the financial year ending 30 April 2026 to be challenging. Read full story Date: 12 June, 2025 9:03 pm Source: […]
JcbNext reduces stake in Taiwan-listed firm
PETALING JAYA: JcbNext Bhd has disposed of 647,846 shares (or 1.95%) in Taiwan-based 104 Corp for RM20.05mil in the open market of the Taiwan Stock Exchange. Read full story Date: […]
George Kent advances smart metering with the nation’s first branded ultrasonic water meter
PETALING JAYA: George Kent (M) Bhd has announced a strategic partnership with Shanghai-listed Qingdao Topscomm Communication Co Ltd (Topscomm) for the development of GK Ultra, the nation’s first locally branded […]